Atlas Browninc Has Boosted Procter And Gamble Co Com (PG) Position By $594,720; Meredith (MDP) Sentiment Is 1.1

January 16, 2018 - By Stephen Andrade

Meredith Corporation operates as a diversified media firm in the United States. The company has market cap of $2.94 billion. It operates in two divisions, Local Media and National Media. It has a 16.24 P/E ratio. The Local Media segment operates television stations, such as 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations.

Atlas Browninc increased Procter And Gamble Co Com (PG) stake by 18.09% reported in 2017Q3 SEC filing. Atlas Browninc acquired 6,608 shares as Procter And Gamble Co Com (PG)’s stock declined 5.32%. The Atlas Browninc holds 43,140 shares with $3.93M value, up from 36,532 last quarter. Procter And Gamble Co Com now has $227.34 billion valuation. The stock decreased 0.60% or $0.54 during the last trading session, reaching $89.61. About 8.11M shares traded or 20.59% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since January 16, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. It dived, as 51 investors sold PG shares while 765 reduced holdings. 110 funds opened positions while 558 raised stakes. 1.50 billion shares or 1.10% more from 1.48 billion shares in 2017Q2 were reported. Sterling Glob Strategies Ltd holds 11,295 shares or 4.2% of its portfolio. Dynamic Solutions Ltd Liability Corp invested in 0.46% or 12,670 shares. Amf Pensionsforsakring, Sweden-based fund reported 1.92 million shares. Westwood Holdings Grp Incorporated stated it has 0.01% of its portfolio in The Procter & Gamble Company (NYSE:PG). Fort Point Capital Prtnrs Ltd stated it has 0.16% of its portfolio in The Procter & Gamble Company (NYSE:PG). Moreover, Hallmark Capital has 0.37% invested in The Procter & Gamble Company (NYSE:PG) for 32,381 shares. Pinnacle Wealth Mngmt Advisory Group Incorporated Ltd Liability holds 0.8% or 15,165 shares in its portfolio. Winfield Associate Inc reported 2,295 shares. 10,252 are held by Sns Fincl Group Inc Limited. Fiduciary Finance Service Of The Southwest Tx reported 31,121 shares or 0.85% of all its holdings. Argent Tru invested in 2.09% or 83,892 shares. M&T National Bank & Trust reported 2.01 million shares stake. 192,434 are owned by Stock Yards Bank & Trust & Tru. First Financial Bank owns 4.66% invested in The Procter & Gamble Company (NYSE:PG) for 302,472 shares. Argent Trust Communication holds 25,722 shares.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. Proctor & Gamble had 73 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, January 4 with “Buy”. The stock of The Procter & Gamble Company (NYSE:PG) has “Hold” rating given on Thursday, October 5 by SunTrust. The stock of The Procter & Gamble Company (NYSE:PG) has “Equal Weight” rating given on Tuesday, September 1 by Morgan Stanley. The stock of The Procter & Gamble Company (NYSE:PG) has “Neutral” rating given on Tuesday, November 17 by Citigroup. The rating was maintained by Barclays Capital on Thursday, October 29 with “Overweight”. B. Riley & Co maintained it with “Neutral” rating and $74 target in Wednesday, March 30 report. Jefferies maintained The Procter & Gamble Company (NYSE:PG) rating on Thursday, August 17. Jefferies has “Buy” rating and $103.0 target. Goldman Sachs upgraded the shares of PG in report on Wednesday, January 27 to “Buy” rating. The rating was upgraded by CLSA to “Outperform” on Wednesday, October 26. Jefferies maintained the stock with “Buy” rating in Tuesday, May 30 report.

Since August 15, 2017, it had 0 insider purchases, and 19 insider sales for $6.75 million activity. Shares for $199,728 were sold by Schomburger Jeffrey K. $77,130 worth of The Procter & Gamble Company (NYSE:PG) shares were sold by Abdelfattah Mohamed Samir Abdelrazek. $558,042 worth of stock was sold by Moeller Jon R on Tuesday, August 15. Coombe Gary A sold $154,168 worth of stock. $144,688 worth of The Procter & Gamble Company (NYSE:PG) was sold by Fish Kathleen B on Tuesday, August 15. Sheppard Valarie L sold $1.87 million worth of stock. FergusonMchugh MaryLynn sold $321,221 worth of The Procter & Gamble Company (NYSE:PG) on Tuesday, August 15.

Since January 1, 0001, it had 0 insider purchases, and 12 sales for $7.47 million activity.

The stock decreased 0.15% or $0.1 during the last trading session, reaching $67.2. About 203,175 shares traded. Meredith Corporation (MDP) has risen 11.82% since January 16, 2017 and is uptrending. It has underperformed by 4.88% the S&P500.